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These days, finding an affordable place to live in the Nemo area can be challenging. Home prices in Nemo are now at a median cost of $358,873, higher than the Texas average of $322,096.
The average cost of rent is $832/mo in Nemo, primarily driven by the current value of real estate in the Nemo area. In Nemo, 8.45% of households rent, and 34.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nemo is $9,017 per month. Households that rent pay about 9.23% of their income on rent here. Nemo’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rainbow, TX: higher priced homes
- Glen Rose, TX: less expensive homes
- Pecan Plantation, TX: higher priced homes
- Mambrino, TX: less expensive homes
- Kopperl, TX: less expensive homes
- Tolar, TX: less expensive homes
- Rio Vista, TX: less expensive homes
- Blum, TX: less expensive homes
- Cleburne, TX: less expensive homes
- Paluxy, TX: less expensive homes
Cities with Similar Populations
- Waldron, MI: less expensive homes
- Camas Valley, OR: less expensive homes
- Cannonsburg, MI: higher priced homes
- Caspian, MI: less expensive homes
- Chalybeate, MS: less expensive homes
- Cobb, WI: less expensive homes
- Cornell, IL: less expensive homes
- Cornwall Bridge, CT: higher priced homes
- Corunna, IN: less expensive homes
- Cushing, ME: higher priced homes
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